Posts Tagged ‘Dubai World’
By Kipp • Mar 17th, 2010 • Category: Cover Story, Slideshow Article
The Wall Street Journal recently compiled a Who’s Who of the most prominent business figures in the Emirates. Here’s the lowdown on the expatriates that made the list.
By Kipp • Mar 10th, 2010 • Category: Middle East Business News
“There are signs of some progress being made from what I hear from the banks,” UK Trade Minister Mervyn Davies said in Dubai on Wednesday.
By Kipp • Mar 8th, 2010 • Category: Middle East Business News
Dubai World restructuring plan could hit UAE banks’ ratings even harder, says S&P executive.
By Kipp • Mar 7th, 2010 • Category: Middle East Business News
Shares in the ports company, part of the troubled Dubai World, rise following news that it may offer new shares on the London exchange.
By Kipp • Feb 23rd, 2010 • Category: Middle East Business News
Chief commercial officer Manal Shaheen leaves Dubai property developer; PR team reduced amid continuing layoffs.
By Ben Flanagan • Feb 16th, 2010 • Category: Cover Story, Economy
Trading in Shariah-compliant products is about to enter a new age. But as the controversy over the Nakheel sukuk illustrated, the industry is still mired by a lack of transparency.
By Ben Flanagan • Feb 15th, 2010 • Category: Cover Story, Nation
With the emirate’s total obligations now in excess of $100 billion, the UK’s Business Secretary Lord Mandelson says ‘time is running out’ for a restructuring plan.
By Kipp • Feb 14th, 2010 • Category: Middle East Business News
Dubai Financial Market index falls 3.5 percent on news that the troubled conglomerate may only repay 60 percent of debt after seven years.
By Kipp • Feb 7th, 2010 • Category: Kipp's Blog
Extravagance, decadence, glamour. All this defined both Dubai, and the 40-year old cruise liner its state investment arm bought in 2007. But not any more.
By Kipp • Feb 6th, 2010 • Category: Middle East Business News
Dubai World is currently looking to restructure $22 billion of debt.
By Kipp • Feb 3rd, 2010 • Category: Middle East Business News
Dubai World’s investment unit is looking to sell Inchcape Shipping Services for up to $700 million.
By Kipp • Jan 24th, 2010 • Category: Middle East Business News
Dubai World is estimated to have debts of around $57 billion.
By Kipp • Jan 21st, 2010 • Category: Kipp's Blog
The Arabian Gulf is home to a growing number of ocean liners with onboard gambling dens –something which is likely to attract the disapproval of some.
By Kipp • Jan 17th, 2010 • Category: Middle East Business News
Shares tumble due to fears over Dubai World debt restructuring
By Aarti Nagraj • Dec 30th, 2009 • Category: Cover Story, Dubai, Media, The Work
The financial crisis, the ever-existing labor problems, and the recent debt debacle….Dubai and its blunders became juicy fodder for the international press during 2009.
The emirate’s fashion scene may have been affected by the financial crisis, but some in the industry see a more positive trend in the future.
Though often described as a ‘Mexican oligarch’, the world’s richest man, who is worth a cool $53bn, has Lebanese ancestry. And he hasn’t forgotten it.
Around 35% of the medication sold in the Middle East is fake, compared to just 1% in the US. Kipp examines the threat posed by this $75 billion global trade, ...
The News Corp boss did not make a single reference to Dubai in his speech at Abu Dhabi’s glitzy media summit. But he still has links to the emirate’s high-profile ...
Democracy is the “most important priority” for the Arab youth, according to a recent survey. But some say this marks an urge for greater self-determination, rather than a change in ...
One was rocked by a ‘fake ads’ scandal, the other has seen a steadily declining number of entries. So which of the region’s competing advertising awards has the edge?
Dubai Kiss Court Case Highlights Culture Clash; Friends in Need; How Privacy Vanishes Online; Where Did All the Love Go?; Qatar on the Cusp
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